Firms implement centralized systems with respect to receivables and payables in order to

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Firms implement centralized systems with respect to receivables and payables in order to

Firms implement centralized systems with respect to receivables and payables in order to

▸ ensure payments are made on time.

▸ monitor payments.

▸ monitor collections.

▸ all the above

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Corporate Finance

Edition: 5^th

Author: Booth

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